Rapid dinar Updates

Dollar is up and so is Market IQD rate.

Sell price 1510 to $1

The parallel market becomes a market for those who do not want to move towards fundamentalist methods of conversion and be illegal trade or trade that from fundamentalist procedures or other illegal operations. Stated Alaq.

Have a great Weekend

Stay rapid ?

CBI is working with US Fed Treasury as you know. Sudani meeting monthly with Banking sector.

CBI receiving praise for where they are 85%. Al-Alaq says 100% in foreign trade by end of the year.

Rapid Iraq Updates

More CBI Info. ℹ️
As you may have heard the controversy on the governor, Al- Alaq revealed today in an upcoming meeting in New York to discuss the file banks on punishment on Banks while noting this (the bigger news) there is no tendency to reconsider dollar exchange rates.

The central bank is undergoing a major transformation in the reorganization of foreign trade to secure several objectives at the same time, and these objectives is the transparency of the operation in the external transfers that starts from the transfers process, and the transfers to the last beneficiary all through data sourcing.

Rapid:
What he means is a Paper Trail in Foreign Trade. Knowing the parties involved.

Honestly, to me this is good news. Know one is going to lead with the truth IF, there will be any changes.

Thumbs ? up if you agree or fire ? if it’s means nothing or neutral.

STAY RAPID ✅

BREAKING NEWS

ZIMBABWE'S CABINET HAS APPROVED A ROADMAP TO REPLACE THE US DOLLAR WITH ITS GOLD-BACKED CURRENCY FOR TRANSACTIONS

Interesting ?

?CBI Governor Bails!!

https://youtube.com/shorts/PyKD19rkovk?si=Oso8hCSwUHgdR_eZ

Japan is holding emergency meetings to discuss international financial markets after realizing that endlessly printing money is causing the fabric of the monetary system to catch fire.

Correction

?RAPID ALERT NEWS

Rapid Iraq Tuesday ?

Biden just extended Iraq’s national emergency for one more year

This is for peace and security and development of Iraq, political, administrative and economic institutions continue to pose an unusual threat to Iraq, national security and foreign policy

This is resolution 13 303 on Iraq was passed in 2003 under former US president George W. Bush

What does this mean? The US president has the right to issue orders for international trade in everything related to any threat to US national security.

STAY RAPID ?

Rapid Iraq Updates ✅

Government meeting happened today to discuss the 2024 Budget schedules. Remember they went over budget…

Al-Sudani briefed
Washington on economic and financial reform efforts and calls on companies to invest in Iraq

The Kurdistan government receives 443 billion dinars from Baghdad

Banking ?
The national Bank of Iraq receives a strong credit rating from capital intelligence
Rating ? BB

Iraq announces the rival of French total- Iraq wants to stop burning gas ASAP. -Remember company is coming in to help them with this issue

Iraq states how they want to be energy self-sufficient however US is in Iraq negotiating supplying Iraq energy with 3000 MW. ? electric ⚡️

Did you know Iraq owes China $646 million? True

Egypt owes China more. Iraq ?? is in 2nd place in the Arab world. ?

Exchange rates:

Iraq ?? stock market
Prices there past 2 days 145,700. -145,900 IQD

Shop rate in the streets today 146,750 IQD to $100

STAY RAPID ?